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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
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To: J.T. who started this subject12/31/2001 1:45:43 AM
From: High Country Trader  Read Replies (3) of 19219
 
Violating the most basic principle of successful trading is failing to immediately cut losses. I've heard it said that a good trader who cuts his losses and lets his profits run could use darts for his entries. Maybe that explains why it's not the methodology or indicator that accounts for a trader's success but how he manages his trade. Sorry for this off topic rant. A friend of mine blew out recently by letting his bias cloud what the market was doing in the here and now.
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